Tirupur, May 10 (KNN) In a press release issued today, Raja M Shanmugham, President Tirupur Exporters' Association (TEA) said he has made an appeal to Textile Mills Associations, SIMA, Coimbatore, TASMA, Dindigul and ITF, Coimbatore to advice their members to revoke the cotton yarn price hike of Rs. 40 per KG for all counts immediately and restore to April 2022 price level.

Raja pointed out that Tirupur Exporters’ Association is always interested in the betterment of the whole textile industry and added that each sector in the value chain is fully dependent on other sectors for their sustenance and growth of business. He wishes to witness win-win situations in all textiles sectors.

He was hopeful that considering the plight of Tirupur Knitwear Exports Sector, comprising 95% MSMEs and the need to protect the valuable customers, the Textile Mills will come forward and address the genuine requisition immediately. (KNN Bureau)